Why is Up 18% While Everything Else Red?

[cryptozink]

GxChanin (GXS) is up 18%+ while everything else is red, including bitcoin price. Anyone knows why?

https://www.cryptozink.io/currencycoin/GXS/gxchain/

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[ashmodeus]

well , probably because update on blockcity (Ver. 2.2.1), and also they say some full operation resumed, i dont know what that mean, but i guess that a reason behind the sudden pump.
and , if u look carefuly EKT and Nano also have the same condition,right now.

[Kang TB]

GxChanin (GXS) is up 18%+ while everything else is red, including bitcoin price. Anyone knows why?

https://www.cryptozink.io/currencycoin/GXS/gxchain/

if this news true, maybe thats only a bull trap my friend,
https://twitter.com/DoveyWan/status/1171778926030417921

just becareful and always doing your own research if you want to invest on any altcoin

[BlackFor3st]

GxChanin (GXS) is up 18%+ while everything else is red, including bitcoin price. Anyone knows why?

https://www.cryptozink.io/currencycoin/GXS/gxchain/

There is a big possibility that it is being hype by a certain group and once they can gather some other investors then they will dump the price at any moment.

But if the pump has nothing to do with it, there is a big chance that it's demand is increasing and it is the main reason why it's price is gaining a positive 18% increase even if others are falling.

[samcrypto]

GxChanin (GXS) is up 18%+ while everything else is red, including bitcoin price. Anyone knows why?

https://www.cryptozink.io/currencycoin/GXS/gxchain/

if this news true, maybe thats only a bull trap my friend,
https://twitter.com/DoveyWan/status/1171778926030417921

just becareful and always doing your own research if you want to invest on any altcoin

Bull trap is normal for altcoins and I also believe that you need to be careful if you are holding this coin because it can drop more while everyone is on pump. If there’s a good news, a real one then that is the reason of the pump but its unusual to pump high while bitcoin is down, always be careful.

[cryptozink]

Oh darn, I didn't see that. When the Chinese going after you, it's not good.

GxChanin (GXS) is up 18%+ while everything else is red, including bitcoin price. Anyone knows why?

https://www.cryptozink.io/currencycoin/GXS/gxchain/

if this news true, maybe thats only a bull trap my friend,
https://twitter.com/DoveyWan/status/1171778926030417921

just becareful and always doing your own research if you want to invest on any altcoin

[CjMapope]

GxChanin (GXS) is up 18%+ while everything else is red, including bitcoin price. Anyone knows why?

https://www.cryptozink.io/currencycoin/GXS/gxchain/

ooo another shitcoin ive never heard of god damn theres so many, i cant comment on price as i know not much about that one
but im gonna check it out now (the description from cryptozink is really vague lol)
don't let it moon for a day or two in case i wanna try snagsome first

[tabas]

This shouldn't be a surprise, your stats with coinmarketcap and coingecko. It's only your website that shows it up by that percentage. But with the other website that I've said, it's already getting reddish. By the way, are you really asking what's happening with that coin or you're trying to endorse the website?
Your username and the website is similar.  

[timmmers]

Because it is low market cap coin with low trading volume. So every bigger order pump the price up. That is why we don´t see such big move on high cap altcoins for now. 

[cryptozink]

I'm really genuine with that question. I'm a day trader and always sharing what's going on with the market. Yes, it's my site...why would I show stats from someone else site...

This shouldn't be a surprise, your stats with coinmarketcap and coingecko. It's only your website that shows it up by that percentage. But with the other website that I've said, it's already getting reddish. By the way, are you really asking what's happening with that coin or you're trying to endorse the website?
Your username and the website is similar.  

[Vitamin_52]

sometimes altcoins rise when the market falls. there is news on which coins grow. keep track of what news came out on this project, and then think about buying it or selling it.

[seleme]

I don't deny the possibility of being target by the crypto pump*dump groups. Politely they attract the novice investors and they come to check the profit expectations if the things don't go wrong. The whole market circumstances don't make sense if the whales want to use the pumped prices pumps as a bull trap. After the increased volume, the price slowly goes back to the price level which the group aimed to start the pump. 

[Pearls Before Swine]

There is a big possibility that it is being hype by a certain group and once they can gather some other investors then they will dump the price at any moment.

That is precisely what I was thinking, because I often see such things happening on exchanges like yobit where some very unknown altcoins sometimes are soaring percentage wise while bitcoin and most other alts are falling.  There's no other good explanation for it that I can think of.

But my ultimate answer to op's question is: who cares?  I never even heard of GSX and if I had to guess I'd bet that he owns it or is somehow affiliated with it, probably trying to pump it up even further.  That's how prices for coins like that get inflated beyond reason.

[Ailmand]

There is a big possibility that it is being hype by a certain group and once they can gather some other investors then they will dump the price at any moment.

That is precisely what I was thinking, because I often see such things happening on exchanges like yobit where some very unknown altcoins sometimes are soaring percentage wise while bitcoin and most other alts are falling.  There's no other good explanation for it that I can think of.

But my ultimate answer to op's question is: who cares?  I never even heard of GSX and if I had to guess I'd bet that he owns it or is somehow affiliated with it, probably trying to pump it up even further.  That's how prices for coins like that get inflated beyond reason.

There could be a lot of reasons for altcoin price pump whenever bitcoin price falls. It could be hype, or a pump group, reacummulation of altcoin, etc. Don't be fooled by all the greens and sudden surge especially if you are not familiar with a coin.

[Kotone]

GXS has recently made progress and new partnership and upgrade. People tends to buy out these kind of news. You seem to be shocked? most altcoin can go down even overnight. I do hope it's easy to answer youre query but it isn't. Market movement is very unpredictable and you can only see it green every once in a while since we are on a bear market.

[hushpupppy]

GxChanin (GXS) is up 18%+ while everything else is red, including bitcoin price. Anyone knows why?

https://www.cryptozink.io/currencycoin/GXS/gxchain/

It happens often; a pump in bitcoin does not guarantee a pump in other altcoins
Also; you need to check the exchange platforms; to verify the real trading price of any token

[DaMut]

GXS has recently made progress and new partnership and upgrade. People tends to buy out these kind of news. You seem to be shocked? most altcoin can go down even overnight. I do hope it's easy to answer youre query but it isn't. Market movement is very unpredictable and you can only see it green every once in a while since we are on a bear market.

What are their latest progress and new partnership? I do not see anything about their partnership on their blog and on their social media.
the latest news I heard about them is their core member is back and has resumed full operation.
do not tell me attending the conference can be considered as a partnership?
the price turned green because the market wanted it just that, nothing more than a pump after the dump.

[jrrsparkles]

GxChanin (GXS) is up 18%+ while everything else is red, including bitcoin price. Anyone knows why?

https://www.cryptozink.io/currencycoin/GXS/gxchain/

Why not? Every coin is independent here so the price change maybe irrespective of other coins.

But we also have to be aware of dumpers they will initially make the price of token to be in green when people starts buying it they will dump it all the way to down.

[spadormie]

GxChanin (GXS) is up 18%+ while everything else is red, including bitcoin price. Anyone knows why?

https://www.cryptozink.io/currencycoin/GXS/gxchain/

Probably they have a big news for their project that's why this coin is upping 18%. It is normal for coins to have this kind of growth even if the market is in red if they have news, exchange listing and many more probable cause.

[crazy-pilot]

In my opinion this is a trap for investors, it is just a pump. You need to be careful with this coin. I would advise you to get rid of this coin as soon as possible.